The Entertainment Retailer's Association has reported a booming year for the UK entertainment industry, reaching an all-time-high of £7.24bn in 2017. This represents an 8.8% increase in combined music, video and game sales, outpacing growth in the wider enconomy by a factor of more than four.
Video games were once again the key driver of growth, with combined physical and digital sales increasing by 9.6% to a record £3.35bn. Digital games sales provided the majority of growth, up 12.1% to £2.56bn but the perhaps surprising story is a rise in physical game sales, up 2.1% to £792m, driven by the success of flagship titles like 'FIFA 18' and 'Call of Duty: WWII' and Nintendo’s new Switch console. In comparison, 2016 physical game sales declined by 16.4%.
Overall the ERA data shows that the value of the UK games market for home sales almost equals that of music and video combined, comprising 46.3% of the overall value of the sector.
As usual, the ERA sources physical games sales data via GfK and digital game sales estimates via IHS Markit.